wsj.com
India had fewer than 10 billionaires two decades ago, when Mukesh Ambani and his younger brother first appeared on the Forbes billionaire list after their father, company founder Dhirubhai Ambani, died. Now, the country is the world’s third-biggest source of billionaires after China and the U.S.
India’s 200 billionaires have a combined net worth of... See more
India’s 200 billionaires have a combined net worth of... See more
Ambani Wedding Puts 'Crazy Rich Indians' in the Spotlight - WSJ
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According to data from Forbes, there were 2,781 billionaires worldwide as of March. The combined net worth of U.S. billionaires totals $5.7 trillion, more than any other country. China’s billionaires rank second, worth $1.3 trillion, and India’s billionaires rank third at $954 billion.
Ambani Wedding Puts 'Crazy Rich Indians' in the Spotlight - WSJ
the 400 wealthiest Americans took home an hourly “wage” of $97,000 in 2009 (the last year for which the IRS has provided data)10—a rate that has more than doubled since 1992.
Joseph E. Stiglitz • The Price of Inequality: How Today's Divided Society Endangers Our Future
7. The boom resumes, but it’s different than before. Between 1993 and 2012, the top 1 percent saw their incomes grow 86.1 percent, while the bottom 99 percent saw just 6.6 percent growth.